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POSTING INFORMATION
Hey Fully, How come I can’t see anything when I post?
Dust lowest and highest bounce totals based on the past are 13 and 15.
Great chart Sir Schism.
You have to go to your settings and click the opposite of whatever is selected in the visual editor.
Thanks Chuck
DUST volume is once again HUGE today but prices are flat. This is generally constructive turnover to start a reversal.
Indeed, massive volume. It very well could be done, but it always seems to put in a lower low. Waiting for the huge green bar. Shall see
yes, I see a top in Gold today, let’s go Dust!!
The volume makes the difference here. We aren’t going to see 8.xx dust.
I really like that chart Sir Schism. Nicely done. Your lower DUST channel boundary corresponds roughly to a potential 18.35 target on GDX by my reverse 3x ETF math. I got out of my long GDX position too early last week hoping for a pullback for re-entry for the final push up to 18. I’ll wait for that area before thinking about layering in positions on DUST depending on the indicators.
Should mention that the 11 area could be it too, just in case the bearish engulfing gdx candle on the 14th was the bounce. If we break 11 I don’t see much to support it until that lower TL. Weekly BB currently sitting at 9 as well. GL
Yeah, if the 11 area is all we get, I’ m okay on the sidelines for now. I don’t like taking positions that run counter to the standard TSI. Maybe a run down to the 8 area will be the eventual last push up in this GDX rally.